| 2024-10-07 | -0.26 % |
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| 2024-10-01 | +0.15 % |
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| 2024-09-30 | +0.65 % |
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| 2024-09-25 | -0.76 % |
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| 2024-09-24 | +1.47 % |
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| 2024-09-23 | +0.49 % |
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| 2024-09-20 | -0.69 % |
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| 2024-09-17 | +1.95 % |
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| 2024-09-13 | +1.54 % |
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| 2024-09-11 | -0.26 % |
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| 2024-09-09 | -0.08 % |
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| 2024-09-06 | -0.1 % |
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| 2024-09-05 | -6.67 % |
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| 2024-09-04 | -0.88 % |
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| 2024-09-03 | +1.06 % |
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| 2024-08-12 | -1.43 % |
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| 2024-08-07 | -0.95 % |
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| 2024-07-22 | +1.59 % |
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| 2024-07-17 | -1.87 % |
- The article discusses Meeder Advisory Services Inc. increasing its holdings in Copart, Inc. stock, alongside other institutional investors making modifications, but the stock went down by 1.87%, and this decline could be attributed to various factors such as market conditions, profit-taking, or investor sentiment.
- The article discusses Copart, Inc. (NASDAQ:CPRT) stock which was down -1.87% last night, and suggests that the stock may be fairly priced with an intrinsic value around 9.14% above the current price, emphasizing that if the market is bearish, the company's shares may fall by more than the rest of the market due to its high beta. The stock's future outlook presents growth potential, with profit expected to increase by 32% over the next couple of years, indicating a positive trajectory for Copart. The recent drop in the stock price could be attributed to market volatility and investors may have the opportunity to buy in the future.
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| 2024-07-10 | -0.57 % |
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| 2024-07-01 | -1.5 % |
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| 2024-06-21 | +0.43 % |
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| 2024-06-17 | +2.14 % |
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| 2024-06-11 | -0.6 % |
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| 2024-06-10 | -0.32 % |
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| 2024-06-07 | +0.54 % |
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| 2024-06-05 | +1.91 % |
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| 2024-06-03 | -0.77 % |
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| 2024-05-30 | +0.75 % |
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| 2024-05-28 | -2.39 % |
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| 2024-05-24 | +0.93 % |
- The article discusses how Copart's stock price, despite underperforming the broader market, experienced a 0.93% increase last night, with Wall Street analysts holding a moderately bullish outlook on the stock due to underlying factors influencing its growth potential.
- The article discusses how Nvidia (NVDA) announced a 10:1 stock split and a 150% dividend raise, which has resulted in a surge in Big Tech share prices and the announcement of stock splits by various companies, including Copart (CPRT), and outlines the bullish nature of stock splits as seen through historical data, with companies like Copart experiencing a 56% gain in the 12 months following its split announcement. The rise in Copart (CPRT) stock, which was up by 0.93% last night, can be attributed to the positive sentiment around stock splits and the potential upside they introduce into the markets.
- The article discusses how BI Asset Management Fondsmaeglerselskab A S reduced its position in Copart, Inc. (NASDAQ:CPRT) by 42.7% in the fourth quarter, and other institutional investors also modified their holdings, leading to an increase in Copart stock of 0.93% last night, likely due to positive quarterly earnings results.
- The article discusses how stock splits, like copart (CPRT)'s in October 2022, are typically bullish for companies, with average returns one year post-split being 25%, compared to around 12% for the broader market, as analysts predict potential upside for companies that enact them. The recent stock split announcement by Nvidia (NVDA), which resulted in a 0.93% increase in Copart (CPRT) stock price last night, is seen as a contributing factor to the gains.
- Summary: The article discusses Copart Inc. (NASDAQ: CPRT) stock valuation using a 2-Stage Free Cash Flow to Equity model and notes that the current share price of US$53.52 may be overvalued, with an analyst price target of US$57.37, attributing last night's 0.93% increase in the stock price to factors beyond the intrinsic value estimate.
Reason for Stock Increase: The stock price of Copart (CPRT) likely increased last night due to various factors such as market sentiment, industry trends, and other external factors influencing stock prices rather than solely being determined by the intrinsic value assessment provided in the article.
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| 2024-05-23 | -0.8 % |
- The article mentions Copart, Inc. (NASDAQ: CPRT) and the participation of their CFO in a fireside chat at Baird's Global Consumer, Technology & Services Conference; however, despite this news, CPRT stock saw a decrease of -0.8% last night, likely due to various market factors impacting stock prices such as overall market conditions, investor sentiment, or company-specific news.
- The article discusses how PNC Financial Services Group Inc. reduced its holdings in Copart, Inc. (CPRT) by 8.4%, with multiple other hedge funds also adjusting their positions in CPRT, following which the stock was down by -0.8%, as various insider transactions were reported, including stock sales by directors, such as Matt Blunt and Thomas N. Tryforos, resulting in a total of 985,000 shares sold by insiders worth $55,519,950 in the last quarter, leading to an average rating of "Hold" with a consensus target price of $51.00, and last issuing quarterly earnings results exceeding analysts' expectations, but the stock experienced a decline likely due to the insider selling activity.
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| 2024-05-21 | +0.02 % |
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| 2024-05-17 | -0.15 % |
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| 2024-05-16 | -1.32 % |
- The article reports that Copart (CPRT) marginally beat third-quarter revenue estimates as vehicle sales increased, with total revenue reaching $1.13 billion; however, the stock declined by -1.32% last night possibly due to various factors such as overall market conditions, investor sentiment, or profit-taking.
- The article discusses various market updates and headlines, with specific mentions of stock movements such as Walmart and Berkshire Hathaway, as well as the performance of the EUR/USD currency pair, government bond markets, oil prices, and gold futures. However, the primary focus is not on Copart (CPRT) stock. Unfortunately, the article does not provide a detailed explanation as to why Copart (CPRT) stock went down by -1.32% last night.
- The article discusses various movements in the stock market, with the Dow Jones Industrial Average touching the 40,000 mark and Walmart breaking out on solid earnings, leading some blue chips higher while the Nasdaq and S&P 500 closed lower. Copart (CPRT) stock went down by -1.32% following its April-quarter earnings announcement. The decline in Copart's stock may be attributed to various factors such as market conditions, performance outlook, earnings results, or other company-specific developments not detailed in the summary.
- The article discusses Copart, Inc. (CPRT) reporting quarterly earnings beating estimates, which resulted in a 2.63% earnings surprise and surpassed revenue expectations. However, despite the positive results, the stock went down by -1.32% last night. The decrease in stock price might be attributed to market sentiment, profit-taking, macroeconomic factors, or changes in industry conditions.
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| 2024-05-09 | +0.18 % |
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| 2024-05-08 | -1.38 % |
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| 2024-05-06 | +0.98 % |
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| 2024-05-01 | +0.24 % |
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| 2024-04-30 | -2.51 % |
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| 2024-04-29 | -0.04 % |
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| 2024-04-25 | +0.53 % |
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| 2024-04-24 | +1.14 % |
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| 2024-04-23 | +1.89 % |
- The article discusses institutional investments in ConocoPhillips (COP) stock, mentioning several hedge funds and financial management companies acquiring stakes, with particular details on Cetera Trust Company N.A.'s new position. The information focuses on ConocoPhillips, not Copart (CPRT), and does not provide a direct reason why Copart stock went up, as the content is primarily about COP stockholder activity.
- The article discusses how Lindbrook Capital LLC and other institutional investors increased their positions in Copart, Inc. (CPRT) stock, with the former growing its stake by 18%, leading to a 1.89% increase in the stock's value, while insider selling continues; the stock price likely went up due to increased buying activity from institutions, influencing market demand and leading to a rise in the stock price.
- The article reports that Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Copart, Inc. (CPRT) by 8.7% in the fourth quarter, leading to the stock rising by 1.89% last night; CPRT's stock went up likely due to various large investors modifying their holdings, with institutional investors now owning 85.78% of the company's stock, and good performance in the fourth quarter with positive earnings results reported, despite some analysts' estimates being missed.
- The article discusses how Copart (CPRT) stock is currently rated as "Hold" by analysts, with some rating it as a "buy," and recent insider selling of company shares. The stock rose by 1.89%, and the increase could potentially be attributed to the positive target price adjustments by analysts and high investor interest and buying activity in recent months.
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| 2024-04-22 | +0.79 % |
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| 2024-04-19 | -0.6 % |
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| 2024-04-17 | -0.66 % |
- The article discusses Sumitomo Mitsui Trust Holdings Inc. reducing its position in Copart, Inc. (NASDAQ: CPRT), which might have led to the stock decline last night, with reasons for the decrease in stock value possibly being associated with shareholders reducing their positions and insider selling of company shares.
- The article discusses Simplicity Solutions LLC increasing its holdings in Copart, Inc. and various other large investors modifying their holdings of CPRT, with institutional investors currently owning 85.78% of the stock, leading to the stock price going down by -0.66%, possibly due to lower-than-expected earnings reported by Copart for the last quarter.
- The article discusses Valeo Financial Advisors LLC purchasing a new stake in Copart, Inc. (NASDAQ:CPRT) and various other hedge funds increasing their stakes in CPRT, resulting in hedge funds and institutional investors owning a significant portion of the stock. The stock of Copart (CPRT) went down by -0.66% last night due to recent insider selling activities, including Director Thomas N. Tryforos and Director Matt Blunt selling significant amounts of shares, and recent quarterly earnings missing analysts' consensus estimates.
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| 2024-04-16 | -0.68 % |
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| 2024-04-09 | +0.73 % |
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| 2024-04-08 | -0.48 % |
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